Charity shops report Q2 increase in sales & income

first_img Melanie May | 4 September 2018 | News Charity shops report Q2 increase in sales & income AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis14 81% of charity retailers reported positive growth in Q2 2018, up from 67% in the same quarter last year, according to the Charity Retail Association.Income also rose, while the average charity shop weekly turnover totalled £2,246.The latest Quarterly Market Analysis Report published by the Charity Retail Association and covering April to June 2018 shows an improvement in performance in the second quarter of this year, with income excluding Gift Aid tax reclaims increasing by 4.7 per cent on a like-for-like basis, compared to the negligible growth  of 0.9 per cent seen during Q2 last year.Like-for-like sales from customer purchases also rose 4.7 per cent, up from 1.2 per cent in Q2 2017, while like-for-like donated goods sales also rose, by 4.6 per cent since Q2 2017, up from a 1.5 per cent increase in Q2 2017.Income from recyclers to charity shops dipped slightly however, with the median average price per kilo now 45 pence for survey respondents, a two pence reduction on the corresponding period last year. A large proportion of those surveyed (70.1%) said they believed recycler prices would not change in the short-term.Robin Osterley, Charity Retail Association CEO, said:“Despite shoppers’ habits changing and big chain stores suffering in the high street recently, these figures show charity shops are very much alive and kicking. The report indicate growth in key areas and we hope this good news continues for our members.”  155 total views,  1 views today Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.  156 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis14 Tagged with: charity retail Charity Retail Association charity shopslast_img

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